(GDXJ)
Max Pain By Strike
GDXJ trades at $89.82, 12.3% above the near-term max pain of $80 expiring Sep 12, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($42-$85), signaling increased put positioning or downside protection. Key magnetic zone at 80 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for GDXJ shows a downward trend from 85 to 42, indicating bearish sentiment or hedging activity. The 61% spread signals divergent expectations across timeframes. Most levels below 89.82 may cap rallies. Strong magnetic level at 80 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 12, 2025 | 80 | -9.82 (-10.93%) |
| Sep 19, 2025 | 75 | -14.82 (-16.50%) |
| Sep 26, 2025 | 78.5 | -11.32 (-12.60%) |
| Oct 3, 2025 | 80 | -9.82 (-10.93%) |
| Oct 10, 2025 | 80 | -9.82 (-10.93%) |
| Oct 17, 2025 | 82 | -7.82 (-8.71%) |
| Oct 24, 2025 | 85 | -4.82 (-5.37%) |
| Nov 21, 2025 | 68 | -21.82 (-24.29%) |
| Jan 16, 2026 | 50 | -39.82 (-44.33%) |
| Feb 20, 2026 | 76 | -13.82 (-15.39%) |
| Mar 20, 2026 | 65 | -24.82 (-27.63%) |
| Jun 18, 2026 | 65 | -24.82 (-27.63%) |
| Sep 18, 2026 | 42 | -47.82 (-53.24%) |
| Jan 15, 2027 | 55 | -34.82 (-38.77%) |